Daily Market Analysis

2025-02-20

Mark As Read
Mark As Read

Review our intraday commentary to learn how we interpret price action and build a market narrative.

Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).

Abbreviated Comments View all

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09:58:34
Pete
Well... those were long red candles and there was some volume. The SPY also took out $611 with ease. I would not be looking to the long side here. 
10:15:20
Pete
Exit Short CMG $52.99 for $.25 gain
10:18:47
Pete
10:19:58
Pete
This is NOT a buy on support market. We need to expect a bounce that is fairly tall after a drop like that and we need to watch for resistance. When this bounce stalls, we short. 
10:34:19
Pete
Financials are weak. 
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